Systematic Financial Management LP Cuts Stake in iShares Russell 2000 Value ETF $IWN

Systematic Financial Management LP lessened its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 31.9% in the 1st quarter, Holdings Channel reports. The firm owned 7,594 shares of the company’s stock after selling 3,557 shares during the period. Systematic Financial Management LP’s holdings in iShares Russell 2000 Value ETF were worth $1,440,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Operose Advisors LLC boosted its holdings in iShares Russell 2000 Value ETF by 2,071.4% in the 4th quarter. Operose Advisors LLC now owns 152 shares of the company’s stock worth $28,000 after buying an additional 145 shares during the last quarter. Strive Financial Group LLC purchased a new stake in iShares Russell 2000 Value ETF during the 4th quarter worth approximately $31,000. Nalls Sherbakoff Group LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $35,000. Bogart Wealth LLC raised its holdings in shares of iShares Russell 2000 Value ETF by 219.3% during the first quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock valued at $35,000 after acquiring an additional 125 shares during the last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $37,000. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA IWN opened at $221.42 on Friday. The stock’s 50 day simple moving average is $216.81 and its 200-day simple moving average is $204.08. The company has a market cap of $14.36 billion, a PE ratio of 14.35 and a beta of 1.01. iShares Russell 2000 Value ETF has a 1-year low of $155.54 and a 1-year high of $224.42.

iShares Russell 2000 Value ETF Profile

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.